Sees Q1 2026 Revenue Around $450M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 26 2026
0mins
Should l Buy ICFI?
Sees Q1 revenue about $450M, consensus $467.41M. "With respect to the cadence of the year, we generally expect sequential improvement in federal revenues from the first quarter through the third quarter of 2026, returning to year-on-year growth by the fourth quarter. Our first-quarter comparisons will be down as we will be comparing against a quarter that included federal government contract work that was cancelled between February and May of last year. For the first quarter of 2026, we expect total revenues of approximately $450 million, GAAP EPS of approximately $1.20, and Non-GAAP EPS of approximately $1.55."
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Analyst Views on ICFI
Wall Street analysts forecast ICFI stock price to rise
4 Analyst Rating
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 68.360
Low
82.00
Averages
99.67
High
115.00
Current: 68.360
Low
82.00
Averages
99.67
High
115.00
About ICFI
ICF International, Inc. is a global consulting and technology services company. The Company provides professional services and technology-based solutions to government and commercial clients, including management, technology, and policy consulting and implementation services. Its services include advisory services, program implementation services, analytics services, digital services, and engagement services. Its advisory services include research critical policy, industry, and stakeholder issues, trends, and behavior. The program implementation services identify, defines, and implements policies, plans, programs, and business tools. The analytics services conduct survey research and collect and analyze varieties and large volumes of data to understand critical issues and options for its clients and provide actionable business intelligence. Its digital services design, develop, and implement technology systems and business tools and cybersecurity solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Live Webcast: The chat will be available via live webcast, with a replay accessible for 90 days post-event, ensuring broader audience engagement and enhancing the company's influence on sustainability topics.
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- Payment Schedule: The dividend is payable on April 14, with a record date of March 27 and an ex-dividend date also set for March 27, ensuring that shareholders receive timely returns and enhancing their willingness to hold shares.
- Future Growth Target: ICF International aims for over 10% non-federal revenue growth in 2026, particularly through expansion in the commercial energy sector, demonstrating the company's positive outlook and strategic positioning for future market opportunities.
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- Strong Business Pipeline: ICF's business development pipeline stands at $8.6 billion with a backlog of $3.4 billion, highlighting the company's growth potential and market opportunities, particularly in IT modernization and non-federal client sectors.
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- Market Sentiment: Despite revenue exceeding expectations, the earnings miss may lead to cautious market sentiment regarding ICF International's short-term performance, prompting investors to monitor future performance improvement measures.
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